RKNG
Defiance Retail Kings ETF
Distribution Rate *
Distribution Frequency
30-Day SEC Yield **
RKNG: The ETF Focused on Retail-Driven Market Leaders
Overview
The Defiance Retail Kings ETF (NASDAQ: RKNG) is an actively managed ETF designed to provide exposure to companies demonstrating strong retail investor participation, digital engagement, and price momentum. As retail investors increasingly influence price discovery and market leadership, RKNG seeks to identify stocks where elevated retail conviction aligns with sustained momentum. The Fund seeks exposure to innovative businesses across next-generation technologies and platforms—including artificial intelligence, semiconductors, space and defense, financial platforms, energy innovation, and advanced healthcare—that may benefit from retail-driven market dynamics, offering a concentrated and transparent investment approach.
The Fund combines proprietary retail sentiment intelligence developed by Futurum Equities, the Fund’s sponsor, with Defiance ETFs’ momentum-based portfolio construction framework. Futurum Equities provides strategic support and guidance to the Adviser and assists in the development of the Fund under an ETF development agreement. Together, these inputs are used to construct a portfolio focused on companies positioned for potential market leadership rather than lagging trends. Investing involves risk, including possible loss of principal, and the Fund is intended for investors who understand active management, momentum-driven strategies, and market volatility.
A Strategy Built for Retail-Driven Markets
RKNG employs a differentiated, actively managed strategy designed for markets increasingly shaped by retail investor participation. The Fund combines Futurum Equities’ proprietary retail sentiment intelligence—measuring bullish engagement, participation, and digital activity—with Defiance ETFs’ momentum scoring framework, which evaluates price trends, relative strength, volatility-adjusted returns, and confirmation signals. Together, these inputs are used to construct a focused portfolio of approximately 30-50 stocks exhibiting strong retail conviction and durable momentum. The portfolio is rebalanced quarterly with flexibility to adapt to shifting sentiment and market conditions, seeking to identify “Retail Kings”—innovative companies positioned for leadership before it becomes widely recognized.
Why RKNG
- Retail Sentiment Intelligence. Proprietary analysis of retail investor engagement, digital activity, participation trends, and sentiment to identify elevated bullish conviction.
- Momentum Overlay. Systematic evaluation of price trends, relative strength, volatility-adjusted performance, and confirmation signals to target sustained leadership.
- Innovation-Focused Exposure. Seeks exposure to companies shaping next-generation technologies and platforms, including AI infrastructure, semiconductors, space and defense, financial platforms, energy innovation, and advanced healthcare.
- Active Management. Quarterly rebalancing with discretion to respond to evolving momentum, emerging leaders, and changes in retail participation dynamics.
- Daily Transparency. Full daily disclosure of holdings so investors always know what they own.
The Retail Kings Portfolio
| At launch, RKNG holds approximately 30 companies, equally weighted and rebalanced quarterly across six innovation-driven themes, representing approximately 100% of the fund’s net assets. A complete list of holdings is available here. |
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| AI Compute & Data Centers |
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| Semiconductors & Equipment |
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| Space, Defense & Physical AI |
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| Financial Platforms |
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| Energy & Materials |
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| AI Software & Healthcare |
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These companies are selected not as short-term trading vehicles, but as businesses with real technologies, revenue potential, and growth narratives that retail investors often identify early.
RKNGMarket Price
Performance
| YTD | 1 Month | 3 Months | 6 Months | Since Inception | |
|---|---|---|---|---|---|
| Total Return NAV (%) | xx.xx% | xx.xx% | xx.xx% | xx.xx% | -8.37% |
| Market Price (%) | xx.xx% | xx.xx% | xx.xx% | xx.xx% | -8.50% |
| 1 Year | 3 Years | 5 Years | Since Inception | |
|---|---|---|---|---|
| Total Return (%) | xx.xx% | xx.xx% | xx.xx% | xx.xx% |
| Market Price (%) | xx.xx% | xx.xx% | xx.xx% | xx.xx% |
Fund Details
Data as of 02/17/2026Top Holdings
| Name | Symbol | Stock price | % Net assets | Shares Held | Market Value |
|---|---|---|---|---|---|
| Micron Technology Inc | MU | $420.95 | 4.89% | 915 | $385,169 |
| Lam Research Corp | LRCX | $240.09 | 4.43% | 1,455 | $349,331 |
| Energy Fuels Inc/canada | UUUU | $21.34 | 4.35% | 16,080 | $343,147 |
| Uniqure Nv | QURE | $23.43 | 4.32% | 14,520 | $340,204 |
| Terawulf Inc | WULF | $15.38 | 4.31% | 22,080 | $339,590 |
| Nebius Group Nv | NBIS | $101.80 | 3.82% | 2,955 | $300,819 |
| Intel Corp | INTC | $45.46 | 3.81% | 6,600 | $300,036 |
| Transmedics Group Inc | TMDX | $135.50 | 3.76% | 2,190 | $296,745 |
| Ast Spacemobile Inc | ASTS | $84.43 | 3.60% | 3,360 | $283,685 |
| Mp Materials Corp | MP | $57.94 | 3.59% | 4,890 | $283,327 |
| Download Fund Documents |
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Distributions
Declaration Date |
Ex-Div Date |
Record Date |
Payable Date |
Amount ($) |
|---|---|---|---|---|
12/22/2026 |
12/23/2026 |
12/23/2026 |
12/24/2026 |
— |
09/22/2026 |
09/23/2026 |
09/23/2026 |
09/24/2026 |
— |
06/23/2026 |
06/24/2026 |
06/24/2026 |
06/25/2026 |
— |
03/24/2026 |
03/25/2026 |
03/25/2026 |
03/26/2026 |
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| Declaration Date | Ex-Div Date | Record Date | Payable Date | Amount ($) | |
|---|---|---|---|---|---|
| — | — | — | — | — |
| Distribution Rate *
Payable As of |
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| Distribution Frequency | Monthly |
| 30-Day SEC Yield ** As of — |
-% |
